Former federal prosecutors predict the fallen FTX co-founder will receive at least 20 years in prison. That would be a harsher sentence than defendants in some other recent high-profile white-collar cases, including Elizabeth Holmes, who received a prison term just over 11 years last November for defrauding Theranos Inc. investors.
At the high end, federal sentencing guidelines could recommend what equates to a life sentence for Bankman-Fried, who turned 31 in March. District Judge Lewis A. Kaplan has been critical of the guidelines and often imposed more lenient sentences in previous cases before his court. But Bankman-Fried did himself no favors by rankling the judge, both before and during the trial.
‘Enforcement 40’ for 2020
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